Surya Interest Income vs Tax Provision Analysis

SURYAROSNI   281.65  4.00  1.44%   
Surya Roshni financial indicator trend analysis is much more than just breaking down Surya Roshni Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Surya Roshni Limited is a good investment. Please check the relationship between Surya Roshni Interest Income and its Tax Provision accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Surya Roshni Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Interest Income vs Tax Provision

Interest Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Surya Roshni Limited Interest Income account and Tax Provision. At this time, the significance of the direction appears to have pay attention.
The correlation between Surya Roshni's Interest Income and Tax Provision is -0.9. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Surya Roshni Limited, assuming nothing else is changed. The correlation between historical values of Surya Roshni's Interest Income and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Surya Roshni Limited are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Interest Income i.e., Surya Roshni's Interest Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.9
Relationship DirectionNegative 
Relationship StrengthSignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Surya Roshni's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Surya Roshni Limited current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Surya Roshni Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Surya Roshni's Selling General Administrative is very stable compared to the past year. As of the 5th of January 2025, Issuance Of Capital Stock is likely to grow to about 211.9 M, while Tax Provision is likely to drop about 680.3 M.
 2022 2023 2024 2025 (projected)
Gross Profit17.7B17.3B19.9B12.0B
Total Revenue80.0B78.1B89.8B94.3B

Surya Roshni fundamental ratios Correlations

-0.020.720.770.640.66-0.010.60.83-0.060.730.22-0.110.660.11-0.340.770.31-0.270.50.960.980.180.780.450.68
-0.02-0.550.48-0.70.51.0-0.75-0.2-0.380.46-0.6-0.34-0.61-0.230.86-0.520.190.130.74-0.21-0.120.95-0.12-0.03-0.02
0.72-0.550.40.90.22-0.530.90.740.040.280.44-0.20.940.14-0.750.920.11-0.220.10.790.77-0.340.70.460.71
0.770.480.40.190.680.490.150.7-0.410.71-0.05-0.430.320.10.030.410.25-0.180.890.680.70.680.70.530.75
0.64-0.70.90.190.17-0.70.990.580.370.230.610.150.910.22-0.820.950.09-0.25-0.090.710.73-0.550.560.220.49
0.660.50.220.680.170.510.050.290.080.99-0.19-0.260.13-0.320.350.280.44-0.070.770.440.610.540.280.110.28
-0.011.0-0.530.49-0.70.51-0.75-0.18-0.410.47-0.61-0.38-0.6-0.250.86-0.520.210.120.74-0.19-0.110.96-0.11-0.01-0.01
0.6-0.750.90.150.990.05-0.750.60.320.110.620.170.920.3-0.880.940.05-0.27-0.160.70.68-0.60.560.250.51
0.83-0.20.740.70.580.29-0.180.6-0.250.350.3-0.160.690.32-0.550.720.18-0.240.350.90.810.050.810.620.8
-0.06-0.380.04-0.410.370.08-0.410.32-0.250.090.30.530.07-0.08-0.130.15-0.140.16-0.32-0.110.07-0.52-0.2-0.65-0.29
0.730.460.280.710.230.990.470.110.350.09-0.11-0.230.2-0.310.280.330.4-0.080.760.510.670.510.360.140.32
0.22-0.60.44-0.050.61-0.19-0.610.620.30.3-0.110.280.430.01-0.720.44-0.410.03-0.30.320.28-0.520.48-0.030.09
-0.11-0.34-0.2-0.430.15-0.26-0.380.17-0.160.53-0.230.28-0.050.47-0.240.02-0.220.14-0.51-0.05-0.06-0.45-0.2-0.36-0.46
0.66-0.610.940.320.910.13-0.60.920.690.070.20.43-0.050.22-0.810.920.19-0.310.00.750.72-0.420.570.570.6
0.11-0.230.140.10.22-0.32-0.250.30.32-0.08-0.310.010.470.22-0.390.34-0.05-0.17-0.070.260.16-0.120.20.130.32
-0.340.86-0.750.03-0.820.350.86-0.88-0.55-0.130.28-0.72-0.24-0.81-0.39-0.730.220.20.42-0.54-0.420.7-0.52-0.35-0.36
0.77-0.520.920.410.950.28-0.520.940.720.150.330.440.020.920.34-0.730.25-0.30.130.830.83-0.330.640.380.67
0.310.190.110.250.090.440.210.050.18-0.140.4-0.41-0.220.19-0.050.220.25-0.250.320.230.280.19-0.230.240.2
-0.270.13-0.22-0.18-0.25-0.070.12-0.27-0.240.16-0.080.030.14-0.31-0.170.2-0.3-0.25-0.07-0.31-0.290.01-0.23-0.26-0.27
0.50.740.10.89-0.090.770.74-0.160.35-0.320.76-0.3-0.510.0-0.070.420.130.32-0.070.330.430.840.380.270.55
0.96-0.210.790.680.710.44-0.190.70.9-0.110.510.32-0.050.750.26-0.540.830.23-0.310.330.960.020.830.50.72
0.98-0.120.770.70.730.61-0.110.680.810.070.670.28-0.060.720.16-0.420.830.28-0.290.430.960.080.780.360.71
0.180.95-0.340.68-0.550.540.96-0.60.05-0.520.51-0.52-0.45-0.42-0.120.7-0.330.190.010.840.020.080.140.150.22
0.78-0.120.70.70.560.28-0.110.560.81-0.20.360.48-0.20.570.2-0.520.64-0.23-0.230.380.830.780.140.380.76
0.45-0.030.460.530.220.11-0.010.250.62-0.650.14-0.03-0.360.570.13-0.350.380.24-0.260.270.50.360.150.380.44
0.68-0.020.710.750.490.28-0.010.510.8-0.290.320.09-0.460.60.32-0.360.670.2-0.270.550.720.710.220.760.44
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Surya Roshni Account Relationship Matchups

Surya Roshni fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets29.4B31.1B30.6B29.2B33.6B22.0B
Short Long Term Debt Total7.3B5.9B4.2B160.1M184.1M174.9M
Other Current Liab2.4B2.3B2.0B2.3B2.7B2.8B
Total Current Liabilities12.7B13.7B10.9B6.5B7.5B7.6B
Total Stockholder Equity13.7B15.5B18.6B21.7B24.9B26.2B
Property Plant And Equipment Net10.4B10.0B9.2B8.5B9.8B9.0B
Net Debt7.3B5.9B4.2B(189.8M)(218.3M)(207.4M)
Retained Earnings9.4B11.2B13.8B16.2B18.7B19.6B
Accounts Payable4.8B5.9B4.1B3.7B4.2B2.3B
Non Current Assets Total11.0B10.5B9.7B9.3B10.6B9.4B
Non Currrent Assets Other282.2M553.5M586.7M592.6M681.5M715.6M
Cash And Short Term Investments4.9M4.3M446.8M455.7M410.1M211.9M
Short Term Investments2.3M1.7M435.7M100M90M149.3M
Liabilities And Stockholders Equity29.4B31.1B30.6B29.2B33.6B22.0B
Non Current Liabilities Total3.1B2.0B1.1B1.0B930.0M883.5M
Inventory8.7B9.9B11.5B10.9B12.5B13.1B
Other Current Assets2.1B1.9B1.8B1.4B1.6B1.4B
Other Stockholder Equity1.5B1.2B1.4B1.5B1.4B1.9B
Total Liab15.7B15.7B11.9B7.6B8.7B12.6B
Total Current Assets18.4B20.7B20.9B20.0B23.0B12.6B
Accumulated Other Comprehensive Income2.3B2.5B3.0B3.3B3.8B4.0B
Common Stock536.1M533.3M538.1M542.4M623.8M483.3M
Short Term Debt5.5B5.3B4.1B95.5M109.8M104.3M
Net Receivables7.6B8.9B7.5B7.2B8.3B5.8B
Current Deferred Revenue2.3B2.5B2.0B345.5M397.3M377.5M
Other Liab1.3B1.4B1.3B987M1.1B1.2B
Net Tangible Assets12.4B13.7B15.5B18.6B21.4B12.4B
Short Long Term Debt4.9B5.2B4.0B37.3M33.6M31.9M
Property Plant Equipment10.8B10.4B10.0B9.2B10.6B10.7B
Other Assets534.7M643.3M512.7M151M0.90.86
Long Term Debt Total2.7B1.7B676.9M68.2M61.4M58.3M
Net Invested Capital20.3B21.3B22.7B21.7B19.5B17.6B
Net Working Capital5.7B7.0B10.0B13.4B15.5B7.9B
Capital Stock536.1M533.3M538.1M542.4M488.2M431.7M
Capital Lease Obligations154.5M130.7M138.3M122.8M110.5M108.1M
Property Plant And Equipment Gross15.8B16.3B9.2B8.5B7.6B10.4B

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Other Information on Investing in Surya Stock

Balance Sheet is a snapshot of the financial position of Surya Roshni Limited at a specified time, usually calculated after every quarter, six months, or one year. Surya Roshni Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Surya Roshni and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Surya currently owns. An asset can also be divided into two categories, current and non-current.